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$6,718Tuition
1,710Students
64%Grad Rate (6-yr)
$45,473Earnings
#2 in South DakotaPublic2-yearData: 2023-24

Cost Details

In-State Tuition
$6,718
Out-of-State Tuition
$6,718
Average Net Price
$14,826
Students Receiving Financial Aid
26.1%
Room & Board (Off Campus)
$9,000
Books & Supplies
$1,200
Median Debt at Graduation
$12,000
Estimated Monthly Loan Payment
$127/mo
Loan Repayment Rate
71.2%
Students Taking Federal Loans
59.3%
Pell Grant Recipients
26.1%

Net Price by Family Income

Average annual net price after grants and scholarships. Source: U.S. Department of Education

Net price by family income bracket
Family Income Average Net Price
$0 – $30,000 $10,281
$30,001 – $48,000 $11,773
$48,001 – $75,000 $14,034
$75,001 – $110,000 $16,925
$110,001+ $17,310

Cost Estimator

Family Income
Residency
Housing

Cost Overview

Families earning under $30,000 pay just $10,281 per year at Lake Area Technical College, while those making over $110,000 pay $17,310. The two-year total ranges from about $20,600 to $34,600 depending on family income. This technical college keeps costs reasonable across all income brackets.

Graduates carry a median debt of $12,000, translating to monthly payments of $127. That's manageable when weighed against median earnings of $45,473 within ten years of graduation. The 71% loan repayment rate shows most students can handle their debt load. Only 59% of students take federal loans, suggesting many families can afford the programs without borrowing heavily.

Low-income students get the best financial deal here. Net costs drop for families earning under $48,000, and the strong employment rate of 97.4% means students typically find work quickly after completing their technical programs.

Official Net Price Calculator

Get a personalized cost estimate from Lake Area Technical College:

Visit Official Net Price Calculator

This links to the school's federally-required net price calculator for a personalized estimate.